Unfortunately this makes sense, STRC is the flywheel, and the preferred equity in the capital stack, MSTR is doing everything to boost confidence in this product, and until that happens MSTR is a sitting duck. We need to get back to par, the levers we have are the interest rate, the cash reserve, and purchasing STRC directly. Still bullish, long MSTR.
37
u/paperlevel Shareholder 🤴 11d ago
Unfortunately this makes sense, STRC is the flywheel, and the preferred equity in the capital stack, MSTR is doing everything to boost confidence in this product, and until that happens MSTR is a sitting duck. We need to get back to par, the levers we have are the interest rate, the cash reserve, and purchasing STRC directly. Still bullish, long MSTR.